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Yandex is set to launch an online grocery delivery service in Paris and London in the second and third quarters of this year respectively, after strong sales in Russia during…
Read MoreStitch Fix founder Katrina Lake steps down as CEO
Online personal styling service, Stitch Fix has announced founder Katrina Lake is to step down as chief executive.
Lake will transition to the role of executive chairperson of the board…
Read MoreThe Hut Group announces 40% sales surge but tech arm growth is slow
The Hut Group announced a 40 per cent increase in its sales after the shift to online shopping during the pandemic provided new business.
The Manchester based ecommerce brand reported…
Read MoreOcado invests £10m in self-driving vehicle firm Oxbotica
Ocado has announced plans to invest £10 million in autonomous vehicle software firm Oxbotica, in a bid to reduce operation and delivery costs.
The partnership, which includes aspects of self-driving…
Read MoreLouis Vuitton partners with Chinese ecommerce brand JD.com
Louis Vuitton has announced a new partnership with Chinese ecommerce giant JD.com in bid to further its reach in Asia.
Users will be able to search for Louis Vuitton items…
Read MoreEtsy more than doubled revenue to hit record $1.7bn in 2020
Etsy has reported a 110 per cent year-on-year (YoY) revenue increase in 2020 taking it to a record high $1.7 billion, according to Buyshares.co.za.
The US based ecommerce platform performed…
Read MoreGoogle to scrap Shopping app on mobile
Google’s Shopping app will soon be scrapped on mobile devices entirely as the tech giant shifts its focus to its web platform. Google Shopping will no longer be available as…
Read MoreOnline grocery is now as profitable as in-store shopping for the first time
Online grocery has now become consistently profitable for the UK’s largest supermarkets for the first time in almost 20 years.
According to new research from Atrato Capital, the recent pandemic-driven…
Read MoreEcommerce creates nearly 3 times less CO2 than physical retail
Ecommerce has a much smaller impact on the environment compared to physical retail stores, resulting in between 1.5 and 2.9 times lower greenhouse gas emissions.
According to a new independent…
Read MoreOnline deliveries from EU divebomb 50% as Brexit stops shoppers buying abroad
Online deliveries from the EU to the UK have divebombed by more than 50 per cent since January as Brexit regulations stop shoppers from buying abroad.
In the first quarter…
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